Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.189%

Price spread now: KuCoin against edgeX−0.011%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$890.892% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.011%, 7d avg −0.013%

Together, before fees+0.201%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TSLAUSDC	377.37	−0.0072	get 0.0036% / 4h	1h 49m	$399K	$1.0M	10x
Short	KuCoin TSLAUSDTM	377.33	0.0100	get 0.0100% / 8h	5h 49m	$1.5M	$104K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee KuCoinbpOrdersPrice spread, now −0.011%Rate

Funding earned: $36.04
Price spread: −0.011% → −0.013%: $0.22
Slippage, 4 orders: −$68.17
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$52.9
Costs to cover: 0.892%
Break-even: 17.3 days

Slippage from edgeX: live order book, 4 min ago; KuCoin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 4 min ago	4.24 bp	9.0 bp −$9	12.1 bp −$121	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	2.92 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit

TSLA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TSLAUSDClong	−0.0072%	4h	377.37	long leg	$399K	$1.0M	10x
Aster TSLAUSDT	0.0000%	8h	377.50	+0.035%	$578K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	377.37	0.000%	$479K	$7.9M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.45	+0.021%	$47.4M	$110.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.54	+0.045%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.40	+0.008%	$11.2M	$16.8M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.48	+0.029%	$290K	$598K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.40	+0.008%	$17.0M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.41	+0.011%	$1.9M	$1.4M	—	as long as short
GRVT TSLA_USDT_Perp	0.0000%	8h	377.55	+0.048%	$851K	$2.8M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	377.39	+0.005%	$200K	$908K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	377.32	−0.013%	$20K	$187K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.33	−0.011%	$513K	$328K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.45	+0.021%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0008%	1h	377.24	−0.036%	$38K	$44K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.36	−0.003%	$1.2M	$6.6M	10x	as long as short
Lighter TSLA	+0.0032%	1h	377.45	+0.021%	$824K	$3.6M	20x	as long as short
Lighter RH TSLA	+0.0032%	1h	377.45	+0.021%	$1.2M	$2.6M	20x	as long as short
Bullet TSLA-USD	+0.0035%	1h	377.45	+0.021%	$5K	$92K	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	377.34	−0.008%	$162K	$95K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0045%	1h	377.19	−0.048%	$44.4M	$14.3M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.48	+0.029%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.30	−0.018%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.37	0.000%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.17	−0.053%	$1.5M	$1.1M	10x	as long as short
Hotstuff TSLA-PERP	+0.0080%	1h	377.13	−0.064%	$34K	—	20x	as long as short
Gate TSLA_USDT	+0.0095%	8h	377.46	+0.024%	$2.3M	$3.7M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	377.33	−0.011%	$391K	$37K	10x	as long as short
KuCoin TSLAUSDTMshort	+0.0100%	8h	377.33	−0.011%	$1.5M	$104K	20x
ApeX Omni TSLAUSDT	+0.0100%	1h	377.34	−0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	377.40	+0.008%	$41K	$22K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.36	−0.002%	$747	—	10x	as long as short
Nado TSLA-PERP	+0.0119%	1h	377.38	+0.001%	$491K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.43	+0.281%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.52	+0.040%	$1.3M	$539K	20x	as long as short